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$1,350,000

NAL Estimated Property Value

30 acres Refuge Road, Sherman, TX, 75092

Off MarketInfo

About this property

This exceptional 30-acre investment tract sits on Refuge Road near Hagerman Wildlife Refuge, offering approximately 1,750 feet of road frontage along Refuge Road and Terry Lane. Ideally located just 1.2 miles from the proposed North Dallas Tollway extension, the property is positioned for significant future growth and accessibility. The land features mostly flat terrain, a large, stocked pond perfect for fishing and relaxing, and a wooded area at the back that provides outstanding hunting opportunities. There is roughly 20-30 feet of elevation change at the back as well that would allow for great views of the Hagerman Valley. Located within the highly rated Pottsboro Independent School District and fully outside of any floodplain. This property checks all boxes. Great for homestead, ranch,recreational use, or long-term holding. Its location places it just minutes from several Lake Texoma marinas, Sherman, Denison, and within a short drive of the DFW Metroplex. Entertainment is also close by, with several casinos less than 45 minutes away. With major economic investments underway in Sherman—including Texas Instruments’ multi-billion-dollar expansion and GlobiTech’s $5 billion semiconductor facility—this tract is ideally situated in a booming region poised for continued growth.

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$1,350,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,350,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Sherman

30 acres Refuge Road | Property Details | No Agent List